Wonga survey shows rising credit use amid cost-of-living squeeze

A new credit utilisation survey has shown a growing dependency as consumers buckle under the pressure of the higher cost of living. This is contained in payday lender Wonga’s survey, where 85% of the 12 000 respondents actively use credit. The drivers behind this borrowing paint a complex picture of vulnerability, resilience and untapped economic potential….

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No need for Mchunu to step aside from ANC duties: Mbalula

Police Minister Senzo Mchunu. ANC Secretary-General, Fikile Mbalula says Police Minister Senzo Mchunu, who is on special leave, will not step aside from ANC duties. He was speaking on the sidelines of the ANC National Working Committee meeting, currently underway in Cape Town. The ANC National Working Committe (NWC) is assessing the structures of the…

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